Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just like yesterday a bit of last hour volume drives the SP a little higher , though only back to the high of the day that we saw earlier this afternoon. After a good week it will be interesting to see if this gets any mention / exposure over the weekend that will tickle the fancy of new investors?
Price moves significantly on low volumes and very quiet on all message boards. The fundamentals and progress the current BOD are making developing the operation make this a very interesting investment over the course of the next 2 years as they move towards full underground production with the backing of the related company. Offers plenty of upside and a better gold play than purely exploration companies on AIM. Significant increase in SP this week already and if any kind of herd swoops in volume here then there will be a further chunky rise. Once they realise that this is a different company to its previous incarnation with realistic plans to upscale the operation it is surely only a matter of time for the trading volumes to increase and push the SP higher
is out.....
Hope you've told them about us survey ?
This company will be highly profitable soon..
Good investment guys hold strong
For a moment my heart missed a beat:: CPR - cardiopulmonary resuscitation
Not really good at those. Don't have L2, a worked sell reported late? Only reason for the SP drifting lower i think.
Is that right, that yesterday someone bought £170k of GBGR, and the sp did not even blink? Or have I missed something?
like we in for a very good rally in Gold just in time for the ramp up in UG mine production. Should alleviate funding requirements - can only go up from here.
so GBGR now have exclusive rights to ~13M oz of Au. POG helping, but everybody waiting what happens with fundraising (this year)?
This is my tip for 2015 even if gold is flat
Interview with Goldbridges Global Resources CEO folowing move to Main Market of the LSE http://www.fmp-tv.co.uk/companies/goldbridges-
Any move north welcomed by me.... in at 17 & 20p long time ago! Recently ive become proactive in my shares....as opposed to opening quartly statement tutting and putting away somewhere dark! The resource appears to be a good producer for the future with local goverment fully on board. Now should i average down?What i dont get is these price levels as opposed to when i bought in.....different company and come a long way since. Even when gold price was rocking no movement....why? what did i miss in the dark times?
Yes the move has and will be seen in a positive light. Nice to see it moving back to the 3 - 3.5p range. Let's see what December holds in store. Remember that although they bought a controlling stake in HMB at 2p they did effectively finance this with a converted 3p loan. This is a buy anything at or below 3p IMO. Was surprising to see it drop to 2.20p recently, although a (very) delayed CPR is perhaps a justifiable cause.
interesting move to the main list...may put on the radar of more investors rather than aim that is more risky. Ive held these for a long time....pre accident in the mine times....nice to see news has changed considerably since not least the name change.
interesting turn of events... premature? cheaper finance? pre-requisite to list elsewhere? were they so dumb-founded by the anti-climatic effect the CPR had on the SP, they had a fuk-this-**** moment? hehe
USD 70M estimated earnings next year. IRR 64% 2015 the year for GBGR - i see this re-rating, but I think it will happen in the space of a few days. A sustained movement in POG back to fair value ($1500) which should happen end of next year will make big smiles all round. Happy to hold for now.
for CPR whilst SP and gold in general plunges. Holding tight.
SP drifting down bad. let's see if there is a seller in the background in the coming days.
thanks GBGR, everything looks good. Looks like some fat intercepts. CPR is probably going to be a pleasant surprise.
do ppl interpret these latest results negatively. is 2 months too long to wait for the CPR? i understand things happen slowly in GBGR, is it just a case of better opportunities, or are those chunky sells a case of fundamental misgivings about the future of GBGR? POG dipping, but that has negligible impact on us.
bumping along accumulation zone, going to hazard a stab in the dark and say our next holistic short term target is 4.5p with CPR or roughly £100M MCAP? Is that unreasonable??
is that the CPR will come out at just over 6M oz... they neglected to RNS these 7 new DD results because they were over optimistic, and quietly did some more targeted drilling when Venmyn told them the estimates were out. Question is will investors bite in Q4 when the CPR does come out? Or will there be a run-up and then dumped on news day?
the JORC compliant CPR will be recognized as intangible assets in H1 2015 interim statement? Currently trading at a $30M premium to NAV until that happens. Management are demonstrating exemplary prudence with current cash flow and cost containment, wondering how they will fair when those cash flows increase substantially with the U/G mine. Either the CPR is going to come out at more than the 6M oz internal management estimates or they were over-optimistic in their estimation and have included these 7 new DD holes to top up their estimates. The shaft isn't planned to those drill depths yet? They would have to dig a deeper shaft to get to the same oz - increasing their cash costs per oz overall?? In any event, a considerably productive first half by any measure. Now if I can just find the patience to leave this in the bottom drawer for the next 3/4 years, we'll all be many multiples ahead.